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The Australian market has seen mixed performance recently, with the ASX200 closing up 0.39% at 8,013 points driven by gains in financials but weighed down by energy and mining stocks due to falling commodity prices. In this fluctuating environment, identifying promising small-cap stocks with strong fundamentals and growth potential becomes crucial for investors seeking hidden opportunities.
Top 10 Undiscovered Gems With Strong Fundamentals In Australia
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Fiducian Group | NA | 9.94% | 6.48% | ★★★★★★ |
| Lycopodium | NA | 17.22% | 33.85% | ★★★★★★ |
| Bailador Technology Investments | NA | 11.17% | 10.16% | ★★★★★★ |
| Sugar Terminals | NA | 2.34% | 2.64% | ★★★★★★ |
| BSP Financial Group | 7.53% | 7.31% | 4.10% | ★★★★★☆ |
| Steamships Trading | 33.60% | 4.17% | 3.90% | ★★★★★☆ |
| AMCIL | NA | 5.16% | 5.31% | ★★★★★☆ |
| Hearts and Minds Investments | 1.00% | 18.81% | 20.95% | ★★★★☆☆ |
| A2B Australia | 15.83% | -7.78% | 25.44% | ★★★★☆☆ |
| Boart Longyear Group | 71.20% | 9.71% | 39.19% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Redox
Simply Wall St Value Rating: ★★★★★★
Overview: Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally with a market cap of A$1.61 billion.
Operations: Redox generates revenue primarily from its wholesale drugs segment, amounting to A$1.14 billion.
Redox has seen a robust 18.3% annual earnings growth over the past five years, with its debt-to-equity ratio significantly dropping from 69.6% to 2.6%. Trading at 17.2% below its estimated fair value, Redox's net income for FY2024 was A$90.24 million, up from A$80.73 million last year despite sales dipping to A$1,137.33 million from A$1,257.52 million in FY2023. The company also declared a fully franked final dividend of 6.5 cents per share for the year ended June 30, 2024.
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Click here to discover the nuances of Redox with our detailed analytical health report.
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Gain insights into Redox's past trends and performance with our Past report.
Ricegrowers
Simply Wall St Value Rating: ★★★★★☆
Overview: Ricegrowers Limited, with a market cap of A$559.39 million, operates as a rice food company serving markets in Australia, New Zealand, the Pacific Islands, the Middle East, the United States, and internationally.
Operations: Ricegrowers Limited generates revenue primarily from its International Rice segment (A$894.03 million) and Rice Pool segment (A$498.11 million), with additional contributions from Cop Rice (A$252.75 million) and Riviana (A$222.01 million). The company also reports revenue from its Corporate Segment amounting to A$45.79 million and the Rice Food segment at A$121.03 million, after accounting for intersegment eliminations of -A$159.53 million.